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  • Start here - Early Retirement Now
    Ask Big Ern: A Safe Withdrawal Rate Case Study for “Rene”: No need to worry about the recent layoff: You are more than ready for early retirement! Ask Big Ern: A Safe Withdrawal Rate Case Study for “Mrs Greece”: More than ready to retire due to large portfolio size and moderate living expenses, especially if the husband keeps working!
  • About - Early Retirement Now
    Welcome! I hope I don’t disappoint anyone by revealing that my real name isn’t Ern Or Big Ern But I am a big guy, at 6’6″ (just under 2 meters), which explains why the name “Big Ern” stuck! My real name is Karsten I am originally from Germany but came to the U S in 1995 Initially … Continue reading About
  • Early Retirement Now - You cant afford not to retire early!
    No direct compensation for you Only the warm and fuzzy feeling that Big ERN gets a small payout Looking to move to SW Washington? I wholeheartedly endorse Curtis Ambrose who did a fantastic job helping us find our home! My favorite Cloud Backup Service Get a free month of service (and I get a free month too!!!)
  • The Safe Withdrawal Rate Series - Early Retirement Now
    Discover the Safe Withdrawal Rate Series: 4% Rule, Personalized strategies, sequence risk, FIRE planning, free Google Sheet, 2025 updates
  • Options Trading - Early Retirement Now
    The strategy in a nutshell I’ve written about this strategy in previous posts, most recently in Part 10, Part 11, and Part 13 But briefly, here is what I’m doing: Why does this work? Implied Volatility (normally) exceeds Realized Volatility Of course, the central limit theorem is useful only if the strategy has a positive … Continue reading Options Trading
  • The Ultimate Guide to Safe Withdrawal Rates – Part 1: Introduction
    Welcome! You probably landed on this page because you clicked someone’s link to my Safe Withdrawal Rate Series Thanks for stopping by! This series has now grown to 30+ parts and if you are looking for a less technical summary before jumping into the nitty-gritty details, I recommend you check out the new “landing page” to my … Continue reading The Ultimate Guide to Safe Withdrawal
  • Safe Withdrawal Rates Archives - Early Retirement Now
    Unfortunately, the actuarially correct way is more complicated But Big ERN to the rescue, I have another Google Sheet to help with that, and I share that free tool with you Let’s take a look… Continue reading “Evaluating Annuities, Pensions, and Social Security – SWR Series Part 56”
  • The Ultimate Guide to Safe Withdrawal Rates – Part 19: Equity . . .
    That’s where the Big ERN simulation engine comes in handy! Simulation assumptions: Monthly data from January 1871 to July 2017 A 60-year retirement horizon Retirement dates from January 1871 to December 2015 (with extrapolations using conservative return forecasts for bonds and stocks beyond July 2017)




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